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The Substitution Rate Is Expressed in Terms of Substitutions Per

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The substitution rate is expressed in terms of substitutions per generation; however,molecular clock estimates show that substitutions accumulate annually regardless of the generation time.What explanation for this discrepancy is illustrated in the figure below?
The substitution rate is expressed in terms of substitutions per generation; however,molecular clock estimates show that substitutions accumulate annually regardless of the generation time.What explanation for this discrepancy is illustrated in the figure below?


Definitions:

Payout Ratio

The proportion of earnings paid out as dividends to shareholders, typically expressed as a percentage.

Dividend Payout Ratio

A financial measurement that calculates the percentage of net income distributed to shareholders in the form of dividends.

Retention Ratio

A financial metric indicating the percentage of a company's income retained and reinvested after dividends are paid to shareholders.

Debt-Equity Ratio

A ratio indicating the finance strategy of mixing shareholders' equity and debt for asset acquisition.

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